Piedmont Accounts Payable from 2010 to 2024

PLL Stock  USD 13.19  0.09  0.68%   
Piedmont Lithium Accounts Payable yearly trend continues to be quite stable with very little volatility. Accounts Payable may rise above about 12.3 M this year. Accounts Payable is the amount Piedmont Lithium Ltd owes to suppliers or vendors for products or services received but not yet paid for. It represents Piedmont Lithium's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1997-06-30
Previous Quarter
7.7 M
Current Value
5.9 M
Quarterly Volatility
5.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Piedmont Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Piedmont Lithium's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.4 M, Interest Expense of 37 K or Total Revenue of 34 M, as well as many indicators such as Price To Sales Ratio of 69.59, Dividend Yield of 0.0313 or PTB Ratio of 2.44. Piedmont financial statements analysis is a perfect complement when working with Piedmont Lithium Valuation or Volatility modules.
  
Check out the analysis of Piedmont Lithium Correlation against competitors.

Latest Piedmont Lithium's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Piedmont Lithium Ltd over the last few years. An accounting item on the balance sheet that represents Piedmont Lithium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Piedmont Lithium are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Piedmont Lithium's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Piedmont Lithium's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Piedmont Accounts Payable Regression Statistics

Arithmetic Mean3,285,704
Geometric Mean584,178
Coefficient Of Variation145.67
Mean Deviation3,613,347
Median1,434,439
Standard Deviation4,786,214
Sample Variance22.9T
Range12.9M
R-Value0.72
Mean Square Error11.9T
R-Squared0.52
Significance0
Slope769,493
Total Sum of Squares320.7T

Piedmont Accounts Payable History

202412.3 M
202311.8 M
202212.9 M
20212.6 M
20201.4 M
2019791.3 K

About Piedmont Lithium Financial Statements

Piedmont Lithium investors utilize fundamental indicators, such as Accounts Payable, to predict how Piedmont Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable11.8 M12.3 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Piedmont Lithium is a strong investment it is important to analyze Piedmont Lithium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Lithium's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out the analysis of Piedmont Lithium Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Lithium. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.293
Earnings Share
(4.10)
Revenue Per Share
0.024
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.09)
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.